How To Transfer From Crypto Com to Coinbase
To transfer cryptocurrency from Crypto.com to Coinbase, copy your wallet address (for example, BTC) on Coinbase. After copying your Coinbase wallet address, you must enter it into Crypto.com.Finally, input your Coinbase wallet address, the amount of cryptocurrency you wish to transfer, touch “Withdraw,” and then tap “Confirm.”
The withdrawal procedure usually takes between 30 and 60 minutes to complete. However, if the network is congested, it may take longer. Remember that before you can conduct transactions, you must activate 2-factor authentication on the Crypto.com app.
To enable 2-factor authentication, go to the App Store or Google Play Store and download the “Google Authenticator” app.
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With the current influx of NFTs and new investors into crypto and blockchain, people are learning about the many types of crypto storage, exchanges, and platforms. Users are often onboarded on one application before moving on to another that seems to be more suited to their specific requirements.
Crypto.com is a popular and user-friendly cryptocurrency platform and application. Crypto.com, like Coinbase, makes transferring money straightforward and relatively painless.
If the necessary procedures are followed, each of these programs enables users to withdraw and deposit cryptocurrency to and from their respective platforms.
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Things to Consider When Transferring Funds From Crypto.com to Coinbase
According to the Crypto.com website, a “withdrawal” is any transaction in which crypto assets are moved from the Crypto.com ecosystem to another external address—typically another exchange or platform, such as Coinbase. Unless the money is being transmitted to another Crypto.com member, the transaction will incur a charge, just like any other transaction on the blockchain.
While withdrawals should take no more than two hours to complete, Crypto.com is currently working on the technical infrastructure that will allow for immediate withdrawals. There are a few things consumers should keep in mind before filing the withdrawal.
Confirm that the cryptocurrency you’re sending is supported and may be withdrawn.
Remove any whitespace before or after the character string.
There should be no superfluous characters, such as a colon, that display after scanning a QR code.
- Confirm that the cryptocurrency you’re sending is supported and may be withdrawn.
- Remove any whitespace before or after the character string.
- There should be no superfluous characters, such as a colon, that display after scanning a QR code.
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Transfering Funds From Crypto.com to Coinbase in Six Steps
- On the application’s homepage, click the “Transfer” button.
- Select the “Withdraw” option.
- Choose “Crypto.”
- Choose “External Wallet.”
- Find the whitelisted withdrawal address (which should be the Coinbase address) and choose “Withdraw.”
- Enter the desired amount and press the “Withdraw” button.
There is no way to recover a transaction after it has been validated and uploaded to the blockchain. As a consequence, users must fill out a withdrawal request confirmation form, which verifies the “whitelisted withdrawal address.”
Users will get the “withdrawal request confirmation” after Crypto.com confirms the request, indicating that Crypto.com recognizes the request and that it should be fulfilled within 24 hours.
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